U.S. experts said China's official gross domestic product (GDP) data is consistent with the overall strength in the world's second largest economy and remains a useful and reliable indicator of the country's economic growth.
The Japanese government has estimated that the country's economy, the third largest in the world, would grow about 1.7 percent in real terms in fiscal 2016 starting April, according to a government forecast approved by Prime Minister Shinzo Abe.
Japan's economy slipping into a technical recession for the second time since Prime Minister Shinzo Abe came to office in 2012 has led some analysts to question the efficacy of his so-called aggressive blend of economic policies dubbed "Abenomics" and see the soft spot continuing unless economic fundamentals are swiftly addressed.
Overall GDP growth in Switzerland for 2015 is expected to reach 0.9 percent, up 0.1 percent compared to the June forecast, the Swiss State Secretariat for Economic Affairs (SECO) indicated on Thursday.
China's statistics authority on Monday lowered the country's growth rate for 2014 to 7.3 percent based on its preliminary verification.
A leading economic think-tank forecast Wednesday that Greece's GDP will shrink this year by three percent and 2.3 percent next year. Thus it will eventually be nearly a third smaller than it was at its peak.
Think tank projects 0.7 pct GDP growth for Britain in Q2
South Africa's economy slowed down in the first quarter of this year due to power constraints which heavily affected the manufacturing and agricultural sector, according to figures released on Tuesday by Statics South Africa (Stats SA).
China's gross domestic product expanded 7.3 percent from a year ago in the third quarter of this year, the National Bureau of Statistics (NBS) announced Tuesday.
The credit ratings agency Fitch on Saturday upgraded Ireland's long-term foreign and local currency Issuer Default Ratings (IDA) to A- from BBB+.
As China shifts its focus to a more balanced development model, gross domestic product (GDP) growth is decelerating in many parts of the country.
With improving economy and rigorous spending cuts, the U.S. federal government will embrace a normal amount of budget deficit in 2014, a congressional report said on Tuesday.
One plus one equals two. But it's not always the case, especially when you are talking about the calculating of local and national gross domestic product (GDP) data in China.
After a series of key conferences on the economy last year, China's reform framework and crucial areas have been hammered out clearly.
China's statistics authority on Monday lowered the country's growth rate for 2012 to 7.7 percent based on its preliminary verification.
J.P. Morgan has revised down its estimate on China's 2013 year-on-year economic growth rate from 7.6 percent to 7.4 percent, lower than the government's official target of 7.5 percent.
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